Singapore: ES Group Hands Over ‘Sea Tanker II’

ES Group Hands Over 'Sea Tanker II'

ES Group announced that Sea Tanker II was successfully delivered today to the Purchaser.

The sale of Sea Tanker II marks another milestone for the Group following the completion of the delivery of Sea Tanker I to the charterer on 26 March 2013 pursuant to a five-year demise charter agreement.

Barring unforeseen circumstances, the demise charter of Sea Tanker I and the sale of Sea Tanker II, in aggregate, is expected to contribute positively to the Group’s financial performance in the current financial year.

ES Group, June 7, 2013